Northern Stage Company
Analysis
Northern Stage Company is a registered charity in United States, based in White Riv JCT, VT. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2023, Northern Stage Company reported income of $6.4m and spending of $6.1m, spending 96% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $4.8m to $6.4m (+32%), an average of +7.1% a year. The sharpest change came in the year to May 2022, when income rose by 433%. Over the whole period it spent 88% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northern Stage Company sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within VT. Charities of a similar size with the same main cause include East Bay Center for the Performing Arts ($6.4m), Marlboro School of Music Inc ($6.4m) and Washington Center for Equitable Growth Inc ($6.3m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 84% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $196k (3.2% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $16.9m against liabilities of $4.5m, net assets of $12.4m. It reported 111 employees.
Income and spending
Where the income comes from
- Contributions & grants 84%
- Program services 13%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| East Bay Center for the Performing Arts | Richmond | $6.4m |
| Marlboro School of Music Inc | Philadelphia | $6.4m |
| Washington Center for Equitable Growth Inc | Washington | $6.3m |
| Massachusetts Biomedical Initiatives | Worcester | $6.4m |